BUZZ - UPS shares rise after raising annual profit and revenue forecasts

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October 27 - ** Shares of courier giant United Parcel Service (UPS.N) rose by about 3%, at 103.2 USD

** The company raised its full-year outlook (link) after deciding to reduce millions of low-margin delivery orders for its biggest customer, Amazon.com, while higher-margin international air freight business boosted profitability AMZN.O

** Adjusted earnings per share for fiscal 2026 are expected to be about 7.28 USD, higher than the July forecast of 7.22 USD

** Annual revenue is forecast at 92.6 billion USD, up from the earlier estimate of 91.2 billion USD

** The median target price from 30 brokerages covering this stock is 115 USD—data compiled by LSEG

**Including today's move, the stock is up 4% so far this year

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